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200 Amsterdam Avenue

Updated Oct 29, 2024

SJP Properties Sells Retail Property On Amsterdam Avenue, NYC For $4.9M, Buyer's Rep Marshall Real Estate
SOLDCondo

SJP Properties Sells Retail Property On Amsterdam Avenue, NYC For $4.9M, Buyer's Rep Marshall Real Estate

200 Amsterdam Avenue

$4,900,000

$2,379/SF

Building Size

2,059 SF

Asset Type

Condo

Closing

Jan 30, 2023

About this deal

AI

Located at 200 Amsterdam Avenue in New York City, this retail property was recently sold in a closed transaction. The property spans across 2,953 square feet and was sold by SJP Properties.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $4,900,000
  • Square Footage: 2,953
  • Price per Square Foot: $1,659
  • Address: 200 Amsterdam Avenue, New York City

The buyer's representative for this transaction was Matthew Marshall from Marshall Real Estate, while the seller was represented by Elliot Dennis from The Corcoran Group.

This closed transaction offers insight into the successful deal-making that takes place in the New York City market. The involvement of experienced real estate professionals such as Matthew Marshall and Elliot Dennis further highlights the expertise that contributed to the completion of this sale.

On the Map

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$4,900,000

$2,379/SF

Condo

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Players

Matthew Marshall

Marshall Real Estate

Broker

$138.8M

vol

27 deals

Broker
SJP Properties
SJP PropertiesSeller
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Market Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $2.4K per square foot on a published $4.9M for 2,059 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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